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AGRI-BIZ & COMMODITIES

INSIGHT: Rice against odds
Women in an Orissa village have boldly ventured to sow flood-resistant rice varieties in a bid to break Nature’s tyrannical hold over their lives.. Dekheta village, in Nimapara block of Puri district, literally hugs the Dhanua river ...

COMMODITIES: Inflation rate inches up on costlier food
Wholesale Price Index of all commodities rises to 240.7 points. New Delhi, Sept 3 The annual Wholesale Price Index-based inflation declined 0.21 per cent during the week ended August 22, its twelfth successive fall in as many weeks, according to ...

AGRICULTURAL POLICY: Sugar users must produce CA certificate on offtake
Anyone using over 1,000 kg to be covered by stock limit. Chennai, Sept 3 Any industry or person using more than 10 quintals or 1,000 kg of sugar will be covered under the sugar stocks limit. The users will have to produce a certified copy from ...

NATURAL CALAMITIES: SBI announces special drought relief schemes
Mumbai, Sept. 3 State Bank of India has announced special drought relief schemes for farmers availing themselves of minor irrigation and crop loans, in view of the weak monsoon and drought conditions, a press release issued on Thursday ...

SUGAR: Time to process raw sugar cut to 1 month
18.34 lt released for open sale this month. New Delhi, Sept 3 In a further bid to force mills to sell more in order to boost open market supplies, the Centre has reduced the validity period of release orders for white sugar processed from ...

FARM CREDIT: Karnataka banks see little impact
Mangalore/Bangalore, Sept. 3 Banks in Karnataka have not felt the impact of the drought yet on their agri portfolio. Mr P. Jayarama Bhat, Managing Director and Chief Executive Officer of Karnataka Bank Ltd, told Business ...

FARM CREDIT: PNB to reschedule loans for drought-hit
New Delhi, Sept. 3 With about two-fifths of the districts affected by drought, Punjab National Bank is looking at rescheduling loans in the affected areas, besides ...

CLIMATE & WEATHER: New low to drive rains from east to north-west
The anticipated low-pressure area has formed over west-central and adjoining northwest Bay of Bengal off the Orissa coast, an India Meteorological Department (IMD) update said on ...

RUBBER: Spot rubber prices unchanged
Kottayam, Sept. 3 Physical rubber prices remained unchanged on Thursday. The market continued to be in a holiday mood. Sheet rubber closed flat at Rs 107.50 a kg and the transactions were in an extremely ...

RUBBER: Lower output
Prices hit Rs 100/kg: Rubber sheets being dried on the roadside near a farm at Vaduvanchall in Kerala's Wayanad ...

TEA: H1 tea auction price up Rs 21.5/kg
Coonoor, Sept. 3 Every kg of tea sold in Indian auctions in the first half of calendar 2009 fetched Rs 21.51 more than in the corresponding period in 2008, an analysis of the market reports from the different auction centres and the ...


Columnists: G Chandrashekhar Sharad Joshi




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Markets (Sept 3)
Nifty (at 3.30 pm)4,590.55(-17.80)
US Dollar (Buy/Sell)48.91/92
Brent crude (a bbl) Rs3,361
Gold (a gram) Rs1,418
Silver (a kg) Rs25,630


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